Securing Hong Kong’s Position as a Global Trade Hub through Technology and Digital Transformation
Hong Kong has been a major player in international business operations and trade for over two decades now. The ease of setting up businesses and creating avenues for goods and payment transfers in Asia’s World City has made it a dynamic link between the east and the west. Hong Kong’s total trade accounted for a […]
Digital platforms can mitigate the costly risks of sloppy ESG standards in supply chains
Environmental, Social and Governance (ESG) awareness has come a long way from the days when the term was narrowly associated with deforestation, animal testing or the ozone layer. Today, the scope of ESG spans far and wide, capturing issues ranging from labour standards to diversity, indigenous communities, supply chains, waste management and corporate ethics. ESG […]
“China Plus One” opens up new risks and complexity: Could digitisation provide answers?
Rarely a day goes by these days without a news event that carries significant implications for the global supply chain. After decades of successful globalisation, this comfortable arrangement is being tested with such worrying frequency in recent years that many companies are reconsidering their supply chain strategies. Even before the outbreak of COVID19, rising US-China […]
The role of CFOs in the EV transition and how digital Supply Chain Finance can help
As the automotive industry accelerates towards an electric future, CFOs are playing a pivotal role in strategically financing the shift from traditional combustion engines to electric vehicles (EVs). It is an undertaking that demands them to juggle substantial upfront investments while ensuring the bottom line remains viable even as they retain a competitive edge. The […]
Charting India’s ESG Regulatory Route to Greater Supply Chain Accountability
Businesses around the world are transitioning to long-term sustainability goals focused on environmental, social, and governance (ESG) regulations. India has spent the last year keeping pace with new guidelines that mirror these international standards. These include the Securities and Exchange Board of India’s (SEBI’s) expansion of its ESG reporting framework and the Reserve Bank of […]
Breaking Barriers: RM1 Million Invoice Financing Now Accessible to SMEs via TASConnect and Funding Societies
In a significant step towards strengthening financial support for small and medium enterprises (SMEs), Funding Societies, Southeast Asia’s largest SME digital finance platform, has partnered with TASConnect, a working capital solutions technology platform under SC Ventures, Standard Chartered’s innovation and venture capital arm. This collaboration introduces a game-changing opportunity for SMEs in Malaysia, enabling them […]
Unifying Physical and Financial Supply Chains with GraviTASC
Supply chains today are a complex web of segments and cross-geographical entities, making them more fragmented than ever. Thousands of partners make up a company’s business network. Products are manufactured part by part, with suppliers and distributors located in different countries around the globe. Intermediate goods, which are products used to produce other products, account […]
India’s Integration into Global Value Chains – Bridging Borders, Unlocking Opportunities
As supply chains transform dynamically all over the world, every country has its own inherent capabilities and resources for manufacture and trade. Geopolitics, pandemics, war, and trade tensions are major determinants of the global supply chain playing field. While China remains critical to global value chains (GVCs), there is a noticeable trend in implementing a […]
Bridging Borders – Integrating Regional Trade Finance into the Global Value Chain
Supply chains span multiple geographies today, with companies relying on multi-site production and diverse supply and distribution chains. This presents several advantages as well as challenges. Fragmented supply chains require companies to retain end-to-end transparency and visibility while seamlessly integrating a distributed supplier base. Diversified supply chains demand that companies maintain a balanced relation with […]
Digitalisation makes supply chain finance more accessible to banks as alternative revenue
After a volatile 2023, the global banking sector has continued to face a challenging operating environment this year due to multiple headwinds. These include a divergent global economy, high funding costs due to prolonged elevated interest rates, tight liquidity, a decline in global trade volume from the post-pandemic rebound and sluggish capital market activity. As […]
